Exclusive: Oman in talks with Gulf states to obtain multi-billion dollar deposit – sources
Oman is negotiating with wealthy Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would…
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VAT to generate Dh20 billion in second year for UAE, Minister of Economy says
The UAE, which plans to introduce value added tax next year alongside the other five GCC countries, could generate up…
Sultan Al Mansouri, the UAE Minister of Economy, and his views on VAT, infrastructure spending and the investment law
The growth outlook for the UAE economy remains positive, thanks mainly to its all-encompassing economic diversification policy and national sustainability…
Bonus for 15 years: Qatar's QIB unveils new salary transfer campaign
Qatar Islamic Bank, Qatar’s leading Islamic Bank, yesterday announced the launch of a new salary transfer promotional campaign “Bonus For…
GCC businesses need to get ready for VAT: Deloitte
With the implementation of Value Added Tax throughout the GCC starting January 1, 2018, it is time for the companies…
Sukuk ‘too complex’ as tool to raise funds
Sukuk issuance growth in the Arabian Gulf is likely to remain subdued this year even as countries in the region…
Qatar among top real estate markets in GCC
With the rapid economic development and influx of expatriates, Doha, Dubai and Abu Dhabi have emerged as top three real…
Oman seeks multi-billion dollar deposit from Gulf states
Oman is negotiating with Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would boost…
Al Rayan Bank launches Scottish buy-to-let property finance
Just one month after establishing its presence as the only wholly Shariah-compliant retail bank in Scotland, Al Rayan Bank yesterday…
Egypt's Cost-of-Living Soars as Currency Dives
Annual consumer price inflation in Egypt's cities soared to a second straight eight-year high in December, hitting 23.3 percent on…
Egypt’s entrepreneurs
Egypt’s core asset and main engine of growth is its youth. Its total population of more than 92 million is…
Investment Corporation of Dubai expected to issue dollar bond this month
Investment Corporation of Dubai, the Dubai government's main investment arm, is likely to issue its planned U.S. dollar-denominated bond this…